Tanzania GDP Growth Rate

The Gross Domestic Product (GDP) in Tanzania expanded 1.50 percent in the third quarter of 2010 over the previous quarter. GDP Growth Rate in Tanzania averaged 1.78 Percent from 2001 until 2010, reaching an all time high of 12.40 Percent in the first quarter of 2006 and a record low of -14 Percent in the second quarter of 2006. GDP Growth Rate in Tanzania is reported by the National Bureau of Statistics (NBS) - Tanzania.


Tanzania GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.60 12.40 -14.00 2001 - 2010 Percent Quarterly
Tanzania has one of the lowest GDP per capita in the world. The nation has many natural resources including natural gas, gold, diamonds, coal, iron ore, uranium, nickel, chrome, tin, platinum, coltan and niobium. However, the Tanzanian economy depends heavily on agriculture, which provides 85% of exports, and employs 80% of the work force. In addition, in recent years, tourism revenues have been growing as many national parks attract foreign visitors. This page provides - Tanzania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Last Previous Highest Lowest Unit
GDP 33.23 28.25 33.23 4.26 USD Billion [+]
GDP Growth Rate 1.50 1.60 12.40 -14.00 Percent [+]
GDP Annual Growth Rate 7.00 6.50 11.20 2.90 Percent [+]
GDP per capita 502.08 483.82 502.08 278.43 USD [+]
GDP per capita PPP 1379.63 1330.79 1379.63 794.50 USD [+]

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